D&B suspends a China unit, pending inquiry

RobertDaniel

TEL AVIV (MarketWatch) -- Dun & Bradstreet Corp.,
DNB, -0.39%
the Short Hills, N.J., financial-information provider, suspended operations at a Chinese subsidiary so it could look into allegations that its efforts violated Chinese and U.S. laws. The unit in question is Shanghai Roadway D&B Marketing Services Co. In a Monday statement, D&B said it was looking into charges that the unit's "data-collection practices may violate" China's consumer-data-privacy laws. The company also said it's reviewing allegations that the unit's employees violated the Foreign Corrupt Practices Act. D&B said it's told the U.S. Justice Department and Securities and Exchange Commission about the matters. D&B bought the unit in 2009.

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